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Nov 3, 2013
11/13
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ALJAZAM
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the challenge with the bill is there's no deadline, no fiscal cliff, no debt ceiling day that we run out to, not like the farm bill where milk prices go through the roof. unfortunately when we have issues like syria come up, this is an issue that is pushed further and further out. we are aring drawing a line -- we are really drawing a line in the sand saying, "it has to get done." we have less than three weeks to address it and we need the nation to focus on it. >> thank you for joining us. we'll take a break. when we come back a panel discussion on the push for comprehensive immigration reform. al jazeera america... >>introduces... "america tonight". >>a fresh take on the stories that connect to you. >>grounded. >>real. >>unconventional. >>an escape from the expected. >> al jazeera america is a straight-forward news channel. >> its the most exciting thing to happen to american journalism in decades. >> we believe in digging deep. >> its unbiased, fact-based, in-depth journalism. >> you give them the facts, dispense with the fluff and get straight to the point. >> i'm on the ground e
the challenge with the bill is there's no deadline, no fiscal cliff, no debt ceiling day that we run out to, not like the farm bill where milk prices go through the roof. unfortunately when we have issues like syria come up, this is an issue that is pushed further and further out. we are aring drawing a line -- we are really drawing a line in the sand saying, "it has to get done." we have less than three weeks to address it and we need the nation to focus on it. >> thank you for...
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Feb 4, 2013
02/13
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CNBC
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is a debate about what fiscal cliff will mean for the u.s. or wasn't going to mean for the u.s., then you have the fed come out in december and say they would buy $45 million in treasuries out again and gold price came down $150 bucks. >> tom, thanks so much. we will do final trades after this short break. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboar
is a debate about what fiscal cliff will mean for the u.s. or wasn't going to mean for the u.s., then you have the fed come out in december and say they would buy $45 million in treasuries out again and gold price came down $150 bucks. >> tom, thanks so much. we will do final trades after this short break. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [...
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Jan 16, 2013
01/13
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CNBC
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. >> what about all the activity we pulled from the first quarter based on the fiscal cliff you? think the first quarter is really going to be that much better? >> look at the information we have now. a pry pry try survey done by isi of home builders and said january will be a blockbuster month for home building, and let me bring up two other points that don't get mentioned here. the mortgage foreclosure settlement and a couple other things on the regulatory front, the liquidity ratios being eased up, a very good environment for lending, very solid for housing. i can see a lot more reasons to be positive than negative right now. >> if interest rates went up 100 basis points, you think housing would do as well? >> you think they will go up 100 basis points. >> my point is housing better do good at historically manipulated low rates. i don't see that it's bragging rights here. >> right, right. the minute interest rates going up, where is the blockbuster in housing building taking place, in the midwest or takingce in new york city, new york, the tri-metro area, boston, chicago, wher
. >> what about all the activity we pulled from the first quarter based on the fiscal cliff you? think the first quarter is really going to be that much better? >> look at the information we have now. a pry pry try survey done by isi of home builders and said january will be a blockbuster month for home building, and let me bring up two other points that don't get mentioned here. the mortgage foreclosure settlement and a couple other things on the regulatory front, the liquidity...
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Jan 2, 2013
01/13
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CNBC
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we've got half of the fiscal cliff dealt with. i think the market is reacting in an appropriate fashion. because we're halfway home. we've seen that there is middle ground between both sides of this argument, that we can get something done here. so i think what's happening now, pent-up demand for stocks, coming back into the market. we're seeing that again today. we're also going to have to listen to things, the sequestration cliff is the next thing we have to deal with, along with the debt ceiling. i think we'll be talking about over the next two months until we resolve that. >> jack, i would argue maybe we're a third home, or something to that effect, because the more vitriolic debate will be over the debt ceiling, and spending cuts, won't it? already both sides have dug in their heels and said, you know what, we're essentially not going to negotiate. each side wants something and they don't seem at this point to want to give in, given the compromise they've made on taxes. >> it reminds me of the beach boys song, let's have fun,
we've got half of the fiscal cliff dealt with. i think the market is reacting in an appropriate fashion. because we're halfway home. we've seen that there is middle ground between both sides of this argument, that we can get something done here. so i think what's happening now, pent-up demand for stocks, coming back into the market. we're seeing that again today. we're also going to have to listen to things, the sequestration cliff is the next thing we have to deal with, along with the debt...
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Jan 7, 2013
01/13
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CNBC
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and what's so shocking is we think we've done something with the fiscal cliff. we basically decreased the deficit by $40 billion on over a trillion dollar deficit. that's less than 4%. we have done nothing so far. >> dick, what do you think the role of business should be in this debate? the reason i ask is where so many business people, including yourselves and others, who lined up during the fiscal cliff debate, to really try to influence the discussion. you had the obama administration in its own way trying to reach out. but in the end, most executives i talked to said the obama administration just paid it lip service. they did these phone calls. they had us up, and then nothing happened. and virtually everybody, no matter what party you were on, or part of, seemed to be ultimately disappointed. >> yes. i think we're -- i don't think you can talk to washington. i'm convinced now that neither party is listening. they're listening to themselves. and i really think what the business community has to do. in fact anybody who wants to see the right thing being done
and what's so shocking is we think we've done something with the fiscal cliff. we basically decreased the deficit by $40 billion on over a trillion dollar deficit. that's less than 4%. we have done nothing so far. >> dick, what do you think the role of business should be in this debate? the reason i ask is where so many business people, including yourselves and others, who lined up during the fiscal cliff debate, to really try to influence the discussion. you had the obama administration...
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Jan 31, 2013
01/13
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the early dividend payments of december made from all the companies paid ahead of the fiscal cliff fears and tax hikes, they have done just that. get to that chart in just a second. first, i want to show you the data here, personal income in december up a whopping 2.6% but spending up only 0.2%. well, it wasn't wages that drove personal income. what was it? it was dividends, up 33%. because that huge dividend payment wasn't spent, the savings rate surges 6 1/2% to 4.1%. here is the chart we are talking about. dividends go along, they surge, in the 50 year of data that i have there, there's nothing like these two points in any of the other points of time there the first payment analyzez out to 235 billion. ahead of the tax years, 268 billion in december of 2012. of course, we will pay for this surge, the surge in dividends at & ul rate, borrow from this year, dividends rising, still a ways to go to get back to the '08 level. but if we ever do, but this surely means fewer dividend payments for the rest of this year. there is an upside of this, of course, helps government revenue. the treas
the early dividend payments of december made from all the companies paid ahead of the fiscal cliff fears and tax hikes, they have done just that. get to that chart in just a second. first, i want to show you the data here, personal income in december up a whopping 2.6% but spending up only 0.2%. well, it wasn't wages that drove personal income. what was it? it was dividends, up 33%. because that huge dividend payment wasn't spent, the savings rate surges 6 1/2% to 4.1%. here is the chart we are...
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Jan 8, 2013
01/13
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CNBC
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the only good thing you can say is the survey was done before the fiscal cliff deal. so maybe there's some chance of a bigger bounce in january. there's that little bump right there. you can see the decline. the 6.2 point decline. the nfib index was up 0.5 points in december to just 88. 88, by the way, still one of the lowest in the 38-year history of the index. joining us now, the guy who puts all this together, and is not afraid to put his face to the data, bill dunkleberg. bill, this is one of the most pathetic increases i've ever reported on in my history. how can you call this an increase? >> well, you know, it's not a decrease mathematically so i guess we'll call it an increase. you are right professor liesman, it's bad news. you know, we needed to see something better. but again, you know, not a whole lot happened. there wasn't even a great deal, you know. so i'm not sure what the cliff solution is going to help. but congress took us right up to the bitter end. everybody was thinking nothing would happen. disaster would happen. >> yeah. >> and that's what we go
the only good thing you can say is the survey was done before the fiscal cliff deal. so maybe there's some chance of a bigger bounce in january. there's that little bump right there. you can see the decline. the 6.2 point decline. the nfib index was up 0.5 points in december to just 88. 88, by the way, still one of the lowest in the 38-year history of the index. joining us now, the guy who puts all this together, and is not afraid to put his face to the data, bill dunkleberg. bill, this is one...
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Jan 3, 2013
01/13
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i guess because everybody was dealing with the fiscal cliff. >> people are so concerned about that, but they have been so long in digging their heels in and not doing anything about that. >> the senate received a 181 page bill three minutes, right? >> but that was because everybody was adding earmarks in it. >> everybody wants to help the sandy victims and no one is going to say you shouldn't. and the knee jerk reaction is so obvious to say, yeah, they shoo done this long ago. but nobody wants to see a bunch of pork in there where people go crazy. to have three minutes to actually look at the bill -- >> this is an example of a dysfunctional government. 66 days later? the idea that you've had three minutes to look at a bill, this is a dysfunctional government. you have to blame both houses of congress. >> and huh come the other one was 12 days? >> 10 days. >> as a partisan, they're so busy trying to get that 39.6 back on the high earnerses, that's all we were focused on for 55 days. that's all we've been focused on for two years, latbasically. >> what's interesting about that is -- >> th
i guess because everybody was dealing with the fiscal cliff. >> people are so concerned about that, but they have been so long in digging their heels in and not doing anything about that. >> the senate received a 181 page bill three minutes, right? >> but that was because everybody was adding earmarks in it. >> everybody wants to help the sandy victims and no one is going to say you shouldn't. and the knee jerk reaction is so obvious to say, yeah, they shoo done this...
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Jan 2, 2013
01/13
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bringing everyone back down-to-earth an they avoid the fiscal cliff and congressman steve israel from new york, we will find out where his focus now turns. 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> a deal to avoid the cliff, what it means for the economy and america's future as
bringing everyone back down-to-earth an they avoid the fiscal cliff and congressman steve israel from new york, we will find out where his focus now turns. 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance....
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Jan 3, 2013
01/13
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and on the housing, wow, i mean, this is the rally that defies fiscal cliff, defies government spend. it is about what bernanke has done, low rates and aforward ability and they are still affordable, the rates still low. >> spwr, as we go to break, sun power, lazzard, an upgrade today, $11 price target saying a lot of sales visibility. we haven't heard that a lot from the solar power names, figure, hey, why not have sunshine after yesterday's rally, look at spwr. >> when buffett's utility buys projects from this company, that certainly helps. >> does. look at that gain. >> you talk about decker's. i think vf corps will come in and buy dex. >> prediction for 2013. >> on your prediction list? >> it s. >> don't go any wrarks lot more "squawk on the street" ahead. >> coming up, come on in the water is -- well, freezing. don't let that scare you, jim cramer will keep you toasty warm, six stocks in 60 seconds, when "squawk on the street" returns. c'mon dad! i'm here to unleash my inner cowboy... instead i got heartburn. [ horse neighs ] hold up partner. prilosec isn't for fast relief. try a
and on the housing, wow, i mean, this is the rally that defies fiscal cliff, defies government spend. it is about what bernanke has done, low rates and aforward ability and they are still affordable, the rates still low. >> spwr, as we go to break, sun power, lazzard, an upgrade today, $11 price target saying a lot of sales visibility. we haven't heard that a lot from the solar power names, figure, hey, why not have sunshine after yesterday's rally, look at spwr. >> when buffett's...
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Apr 10, 2013
04/13
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CNBC
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before the fiscal cliff and before all the issues, we talk about revenues and tax hikes. so the republicans don't want tax hikes. maybe some tax reform. but then a deal is made. but after the deal is done, what they do is in the present political team, they are really smart. if the economic team was that smart, i would be like double thumbs up. but after the negotiations, here is what we are going to hear. we want the soup because we got that in terms of the tax increases and we want the salad. don't you remember back in september, october, november, you guys were all for reform? well, we want it noud. >> thank you, rick. i imagine you dining for lunch at the table in just a couple of hours. >> coming up, president obama speaks on the 2014 budget proposal. stick around we're right back. w. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ since aflac is helping wit
before the fiscal cliff and before all the issues, we talk about revenues and tax hikes. so the republicans don't want tax hikes. maybe some tax reform. but then a deal is made. but after the deal is done, what they do is in the present political team, they are really smart. if the economic team was that smart, i would be like double thumbs up. but after the negotiations, here is what we are going to hear. we want the soup because we got that in terms of the tax increases and we want the salad....
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Jan 28, 2013
01/13
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CNBC
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and i've been optimistic about the fiscal cliff. i've been involved with fix the debt and all kinds of things trying to influence washington and make some speedway there. maybe this will be the year they get it done. because underlying the world growth is certainly better conditions than we've seen. we're projecting amazingly 2.5% worldwide gdp. that's really terrible. great numbers on the developing world, and really poor numbers in the developed world. if we could somehow get just a half a point kick or something this year, we see 13 move up, i think smartly but again we've got that wall coming at us starting in march with sequestration and on into may with the debt ceiling. how that turns out is probably going to dictate how 2013 happens for caterpillar and maybe for the world. >> you really think washington and whether or not they can reach any sort of agreement, whether they can behave in a certain matter that's going to dictate what happens for caterpillar for businesses around the globe? >> well, i think the level of noise fr
and i've been optimistic about the fiscal cliff. i've been involved with fix the debt and all kinds of things trying to influence washington and make some speedway there. maybe this will be the year they get it done. because underlying the world growth is certainly better conditions than we've seen. we're projecting amazingly 2.5% worldwide gdp. that's really terrible. great numbers on the developing world, and really poor numbers in the developed world. if we could somehow get just a half a...
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Oct 14, 2013
10/13
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CNN
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they remember the pivotal role he played in getting a deal done in the fiscal cliff crisis. here to talk about the role he could be playing in this one, john decker, and our chief political analyst, gloria borger is here. gloria, let me begin with you. you know the news, the white house has postponed the meeting so the senate can continue hammering out a dial. >> good news. >> which is great. whenever that meeting does happen, what is the role for the vice president? >> the vice president is there. this doesn't mean that his phone lines have been cut to people in the senate. they haven't. he's engaged. i think what this really means is that harry reid, though, has decided as the leader of the democrats in the senate that he's calling the shots. he did not much like the deal that he got on the fiscal cliff, all of it, and also on the debt ceiling negotiations in 2011, which joe biden headed up. and i think on no uncertain terms he told the white house, i'm in charge. i'm going to do this. and the white house said, okay, go ahead. and so far, even though he has not a great rel
they remember the pivotal role he played in getting a deal done in the fiscal cliff crisis. here to talk about the role he could be playing in this one, john decker, and our chief political analyst, gloria borger is here. gloria, let me begin with you. you know the news, the white house has postponed the meeting so the senate can continue hammering out a dial. >> good news. >> which is great. whenever that meeting does happen, what is the role for the vice president? >> the...
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Oct 14, 2013
10/13
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CNN
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. >> he's off to the side, the fiscal cliff, joe biden and mitch mcconnell said that's probably if harry reid and mitch mcconnell can't get it done in the next day-and-a-half, that's when you bring biden in before we absolutely embarrass ourselves on the world stage by failing to pay our bills. >> without looking back at all the pool numbers from various organizations, is anyone going to ends up on this? i feel everyone is a loser in terms of the politics they all try to play here? >> everyone is loser, but the polls to date show when the republican party is at the lowest rate of any political party in history. you got a problem t. tea party loves the rating to date. you pla adangerous game if you try to exploit that with a serious die nam ec just ahead of us as a country. >> is there any question will is not time left to actually get a piece of legislation to the president's desk before we hit the debt ceiling? because, of course, what do we say? miracles can happen in washington when they're up against a dead lean? but if you have conservative members, especially in the senate, who cou
. >> he's off to the side, the fiscal cliff, joe biden and mitch mcconnell said that's probably if harry reid and mitch mcconnell can't get it done in the next day-and-a-half, that's when you bring biden in before we absolutely embarrass ourselves on the world stage by failing to pay our bills. >> without looking back at all the pool numbers from various organizations, is anyone going to ends up on this? i feel everyone is a loser in terms of the politics they all try to play here?...
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Feb 21, 2013
02/13
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CNN
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>> we now know the united states will in fact go over the fiscal can cliff at midnight tonight. >> it's almost like whack a mole. as soon as they get one thing done, another one pops up. >> gloria borger is here. >> it's groundhog day and you're in it and i'm in it and you're in it. we're going through it all over again. so let's do a little -- we're going to take a little trip down memory lane, okay? december 2010, wolf, we showed that in that clip. that was one month after republicans took control of the house. you remember when the tea party was so popular? congress came back for a lame duck session because the government was running out of money and the bush tax cuts were expiring. so what did they do? they extended some of those tax cuts, extended them all and guess what they did. they kicked the can down the road. that will be a theme of our discussion, wolf, kicking the can down the road. so that brings us to summer -- >> the summer of 2011 and that debt ceiling crisis. >> that long, hot summer. remember that fight? there was a grand bargain, you'll recall, and then there wasn't
>> we now know the united states will in fact go over the fiscal can cliff at midnight tonight. >> it's almost like whack a mole. as soon as they get one thing done, another one pops up. >> gloria borger is here. >> it's groundhog day and you're in it and i'm in it and you're in it. we're going through it all over again. so let's do a little -- we're going to take a little trip down memory lane, okay? december 2010, wolf, we showed that in that clip. that was one month...
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Jan 6, 2013
01/13
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CNNW
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he had been in a marathon for weeks trying to get this fiscal cliff deal done. he finally made it. he did it at the last minute. he was fried that night. he didn't have the political capital. he didn't have the energy, the emotional wherewithal to go through it all over again over sandy. did he mishandle it? absolutely. i'm sure if you asked john boehner if he mishandled it, he would say he could have handled it better. that being said, it's time to pass the page, let bygones be bygones. it's time to get moving. john boehner made amends. he got the bill passed the next day on friday, we're good. >> ana navarro, thank you so much. >> this past week, a photographer was killed chasing a car he thought justin beiber was driving. police say the man pulled over and walked across the street to snap photos. but as he walked back to his car, he was hit and killed by oncoming traffic. dennis, you led a push a few years back to regulate what paparazzi can and cannot do. after this tragedy, justin bieber said we need better laws to protect celebrities and also paparazzi. do you think this migh
he had been in a marathon for weeks trying to get this fiscal cliff deal done. he finally made it. he did it at the last minute. he was fried that night. he didn't have the political capital. he didn't have the energy, the emotional wherewithal to go through it all over again over sandy. did he mishandle it? absolutely. i'm sure if you asked john boehner if he mishandled it, he would say he could have handled it better. that being said, it's time to pass the page, let bygones be bygones. it's...
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Jan 6, 2013
01/13
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he had been in a marathon for weeks trying to get this fiscal cliff deal done. he finally made it. he did it at the last minute. he was fried that night. he didn't have the political capital. he didn't have the energy, the emotional wherewithal to go through it all over again over sandy. did he mishandle it? absolutely. i'm sure if you asked john boehner if he mishandled it, he would say he could have handled it better. that being said, it's time to pass the page, let bygones be bygones. it's time to get moving. john boehner made amends. he got the bill passed the next day on friday, we're good. >> ana navarro, thank you so much. and we know you're under the weather. so we really appreciate your being here for all of us and our viewers. thanks so much. >>> death in hollywood has us asking, is it time to make tougher laws for the paparazzi? with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but
he had been in a marathon for weeks trying to get this fiscal cliff deal done. he finally made it. he did it at the last minute. he was fried that night. he didn't have the political capital. he didn't have the energy, the emotional wherewithal to go through it all over again over sandy. did he mishandle it? absolutely. i'm sure if you asked john boehner if he mishandled it, he would say he could have handled it better. that being said, it's time to pass the page, let bygones be bygones. it's...
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Jan 2, 2013
01/13
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the house has avoided the fiscal cliff, but it has also avoided superstorm sandy. the house adjourned last night without voting on a bill that would have sent billions to help recovery efforts across the northeast. the senate approved a $60 billion bill last week, but the house decided not to bring up any other legislation. just a short time ago, i spoke with new york congressman peter king. he places the blame squarely on the shoulders of house speaker john boehner. >> he walked off the floor, he refused to tell us why, give us any indication of warning, and eric cantor met with us throughout the week, he devised the strategy how he would bring it to the floor to make it acceptable, to let republicans who wanted to vote against certain partments of the bill, they could do that, but the bill was going to pass, but the bottom line is, the republican speaker walked off the floor without allowing a vote. i'm just saying these people have no problem finding new york when they're trying to raise money. they raise millions in new york city and new jersey. they sent gover
the house has avoided the fiscal cliff, but it has also avoided superstorm sandy. the house adjourned last night without voting on a bill that would have sent billions to help recovery efforts across the northeast. the senate approved a $60 billion bill last week, but the house decided not to bring up any other legislation. just a short time ago, i spoke with new york congressman peter king. he places the blame squarely on the shoulders of house speaker john boehner. >> he walked off the...
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Jan 6, 2013
01/13
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the fiscal cliff, a deal is done. we never hit the so-called dairy cliff, that's good thing, but dairy products are still about to cost a lot more, as are a lot of other goods. we have some ways to help you save money, coming up. >>> lot of the things we buy every day are suddenly about to cost a lot more. prices are jumping this year on all sorts of basics. our josh levels is here to break it down for us and leave us is broke apparently. hello, josh. >> hey there martin. we will have bad news but then there is going to be good news as well, i promise. we will balance it out here. the first thing is we all need to niece lot of talk about the dairy cliff not happening. the fact is nevertheless, prices on a lot of the goods that we buy all the time are going up in 2013, you should know in advance so you don't get caught offguard when you go shopping. starting with meat products, in general, expecting all meat products, as a rule to group 3 to 4%. this is a result, largely, of the drought that's been going on in america.
the fiscal cliff, a deal is done. we never hit the so-called dairy cliff, that's good thing, but dairy products are still about to cost a lot more, as are a lot of other goods. we have some ways to help you save money, coming up. >>> lot of the things we buy every day are suddenly about to cost a lot more. prices are jumping this year on all sorts of basics. our josh levels is here to break it down for us and leave us is broke apparently. hello, josh. >> hey there martin. we will...
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Jan 2, 2013
01/13
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what really didn't get done is what the whole fiscal cliff was supposed to serve as an incentive to do, which was deficit reduction on a larger scale to deal with the long-term fiscal health of the country. that's what we will see congress tackling or trying to tackle in the coming months. entitlement reform. trying to make sure medicare and social security don't cost so much money over time. and also tax reform, trying to bring in some more revenue. republicans, more a fan of entitlement reform obviously than democrats. and democrats want to see it increased revenue through tax reform. those are the big things, and spending cuts only dealt with avoiding the sequester for a couple of months and the debt limit wasn't increased that, is still looming and we'll see the fight here in the next couple of months. >> we sure will. who are the winners and losers in the first fiscal cliff fight. >> this is interesting. there are obvious ones. and it's people who make a lot of money. cutoff of $450,000, $400,000 for individuals. but there is an itemized deduction cap. if you itemize, the cutoff i
what really didn't get done is what the whole fiscal cliff was supposed to serve as an incentive to do, which was deficit reduction on a larger scale to deal with the long-term fiscal health of the country. that's what we will see congress tackling or trying to tackle in the coming months. entitlement reform. trying to make sure medicare and social security don't cost so much money over time. and also tax reform, trying to bring in some more revenue. republicans, more a fan of entitlement...
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cliff deal or doozies we were saying now done. alison kosik is live at the new york stock exchange. what are we expecting? >> reporter: pretty much exactly what you just said. the opening bell ringing in about an hour. this is going to be the first chance for u.s. investors to react to this measure passing, to the fact that we're going to go ahead and avoid these immediate tax hikes and spending cuts. so right now dow futures are pointing to a 200-point, are pointing higher by 200 points. that's going to be today. what's going to happen a week from now, it's a completely different story because of what's to come, the negotiations over spending cuts and over the debt ceiling, in fact one analyst telling me with the debt ceiling negotiations happening in about 60 days, the smart money knows the bullish sentiment will be short-lived with this analyst telling me the lesson for investors here is buyer beware. brooke? >> alison kosik we hear you loud and clear. thank you very much for us now from new york. >>> what about the rest of the
cliff deal or doozies we were saying now done. alison kosik is live at the new york stock exchange. what are we expecting? >> reporter: pretty much exactly what you just said. the opening bell ringing in about an hour. this is going to be the first chance for u.s. investors to react to this measure passing, to the fact that we're going to go ahead and avoid these immediate tax hikes and spending cuts. so right now dow futures are pointing to a 200-point, are pointing higher by 200 points....
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cliff deal not done at all. stay with cnn all day for the developing news on the fiscal cliff, we have a big house vote perhaps as this bill gets to the floor. as we say good-bye to 2012 thank you to all the people behind the scenes who make "starting point" possible. happy new year, everyone. ♪ ♪ ♪ ♪ ♪ should all acquaintance be forgot
cliff deal not done at all. stay with cnn all day for the developing news on the fiscal cliff, we have a big house vote perhaps as this bill gets to the floor. as we say good-bye to 2012 thank you to all the people behind the scenes who make "starting point" possible. happy new year, everyone. ♪ ♪ ♪ ♪ ♪ should all acquaintance be forgot
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. >>> if bridging the partisan divide wasn't challenge enough, get ready because the fiscal cliff is far from a done deal. vice president joe biden and mitch mcconnell brokered a deal and, yes, it cleared the senate late last night. but no, the republican-controlled house of representatives hasn't voted on this yet. they are going to convene in about 30 minutes. house democratic caucus is meeting in less than an hour while the house gop leaders are meeting at 1:00 p.m. eastern time. both parties undoubtedly laying the groundwork for the fiscal cliff showdown that will unfold between its 435 house members. one of those members is democratic congressman from michigan. he's kind enough to join me. thank you for being with us today. first of all, if you could get me up to speed on the decision to make a decision v you heard anything about the possibility there might be a vote today with your members? >> i haven't heard directly. i think there will be. i think the vote last night in the senate set the stage. it was overwhelming. we're going to have a caucus democrats and republicans will
. >>> if bridging the partisan divide wasn't challenge enough, get ready because the fiscal cliff is far from a done deal. vice president joe biden and mitch mcconnell brokered a deal and, yes, it cleared the senate late last night. but no, the republican-controlled house of representatives hasn't voted on this yet. they are going to convene in about 30 minutes. house democratic caucus is meeting in less than an hour while the house gop leaders are meeting at 1:00 p.m. eastern time....
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these people are going to take the done troifr the fiscal cliff to get their way. they are extremists. different from putting on a bumper sticker and putting it in congress and doing it. >> we will hit pause there. everyone, let us know your thoughts. still to come, sea world trainer killed by the animal she loved. now a controversial film places blame. plus the most exclusive event of the day. what happened at the royal christening? who was left out? and our shout-out tonight. race interrupted. the man who shot the video you are going to watch here was running a race. in this race you have a lot of obstacles and challenges to overcome. one of those you have to be really tough to handle these. this race took place in south africa which had a whole different set of challenges. as you can see. like a herd of wildebeests. here they come. coming right in your face. the runner was okay. our shout-out goes to the wildebeest. humans, get the hell out, this is our territory. we will be back. for aches and pains trust bufferin, the only non-steroidal anti-inflammatory pain
these people are going to take the done troifr the fiscal cliff to get their way. they are extremists. different from putting on a bumper sticker and putting it in congress and doing it. >> we will hit pause there. everyone, let us know your thoughts. still to come, sea world trainer killed by the animal she loved. now a controversial film places blame. plus the most exclusive event of the day. what happened at the royal christening? who was left out? and our shout-out tonight. race...
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he told business leaders it's not a fiscal cliff, just a tumble downward. meantime "washington post" reporter bob woodward claims he was threatened by the white house over an op-ed he wrote on the origin of the forced cuts. here's what he told cnn's wolf blitzer. >> it said very clearly you will regret doing this. >> who sent that e-mail to you? >> well, i'm not going to say. >> was it a senior person at the white house? >> a very senior person. and just as a -- i mean it makes me very uncomfortable to have the white house telling reporters you're going to regret doing something that you believe in. >> after what he went through in watergate, no surprise that bob woodward is sensitive towards the white house. the white house did respond to that. they said there was no threat intended. >>> just ahead we're going to talk about the forced spending cuts with congressman buck mckeon, a republican from california. >>> other news, the supreme court hearing a challenge to the voting rights act of 1965 and a key provision of the measure does seem to be in jeopardy.
he told business leaders it's not a fiscal cliff, just a tumble downward. meantime "washington post" reporter bob woodward claims he was threatened by the white house over an op-ed he wrote on the origin of the forced cuts. here's what he told cnn's wolf blitzer. >> it said very clearly you will regret doing this. >> who sent that e-mail to you? >> well, i'm not going to say. >> was it a senior person at the white house? >> a very senior person. and just...
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they had an awful lot of discussions about the fiscal cliff, and they couldn't reach a deal. if you're coming into a discussion with different views that can't be reconciled, can you actually get anything done? >> there's 535 members of congress, 100 senators and 435 in the house. if you're not talking but to just a couple of people, you're not going to get a broad view of what's going on in america and what needs to be done. i really proscribe that there's more people in the senate, whether it be democrats or republicans, that are well intentioned that want to get something accomplished. they just haven't had the opportunity. no labels provides that vehicle, that venue. if you want to solve a problem, if you're in congress right now and you're as frustrated as i am, whether you're democrat or republican, then join no labels and come to our problem solving meetings. you can speak openly to your colleagues that you never even met. john, the bottom line is the american people, they don't know we don't know each other. >> one of the biggest issues that will undoubtedly come befo
they had an awful lot of discussions about the fiscal cliff, and they couldn't reach a deal. if you're coming into a discussion with different views that can't be reconciled, can you actually get anything done? >> there's 535 members of congress, 100 senators and 435 in the house. if you're not talking but to just a couple of people, you're not going to get a broad view of what's going on in america and what needs to be done. i really proscribe that there's more people in the senate,...
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republicans are saying we are done with tax hikes, that was done in the fiscal cliff deal. we are not doing any more tax hikes. senator durbin says there are more tax hikes probably looning out there for the wealthy. this may sound very familiar 'cause it's pretty much the same argument they have been having around other fiscal issues for two years. >> right. but it could be a more fervent one. we will see. >> yes. yes. >> kansi crowley, as always, a weather. >> thanks, martin. >>> the president is also expected to fail couple other key cabinet posts. already said that senator john kerry is his pick to replace hillary clinton when she steps down as secretary of state kerry has support among republicans and he should, underline should, have a relatively easy ride through its confirmation process. white house chief of staff jack lew is considered to be a front-runner for treasury secretary. tim guy earthquake in the current head of the treasury, smektsed to leave around the time of the inauguration. the void left by david petraeus as head of the cia could be filled by john br
republicans are saying we are done with tax hikes, that was done in the fiscal cliff deal. we are not doing any more tax hikes. senator durbin says there are more tax hikes probably looning out there for the wealthy. this may sound very familiar 'cause it's pretty much the same argument they have been having around other fiscal issues for two years. >> right. but it could be a more fervent one. we will see. >> yes. yes. >> kansi crowley, as always, a weather. >> thanks,...
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why is the entire structure of -- in this particular case, the fiscal cliff, various reiterations. we've done this three or four times over the last year on this show alone. only around for a yore and a month. a lot of cliffs we're coming to. this is now the strategy in politics, right? you bring everybody up to the cliff and do some last-minute -- i do countdowns of them all the time. why is that the way we negotiate today? >> you just said this. this has happened over the past year and a half since your show has been on the air. what else happened? when tea party congress took over the house. there was a time when republicans would negotiate, we'd work out differences and come to compromise. a time when john boehner said it would be irsponsible for us to go over a debt cliff. he said that. what happened in the interim? a group of extremists that believe compromise is a dirty word. you have a congress that is willing to cut defense budget by 5$500 billion in order to cut spending with -- and protect tax -- to protect millionaires from getting tax increases. >> first i thought you
why is the entire structure of -- in this particular case, the fiscal cliff, various reiterations. we've done this three or four times over the last year on this show alone. only around for a yore and a month. a lot of cliffs we're coming to. this is now the strategy in politics, right? you bring everybody up to the cliff and do some last-minute -- i do countdowns of them all the time. why is that the way we negotiate today? >> you just said this. this has happened over the past year and...
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this deal builds on the reduction we have done since 2011 and continues the precedent we set in the fiscal cliff deal that sequestration shouldn't be replaced with spending cuts alone. this bipartisan deal will help millions of americans who are wondering if they were going to keep paying the price for d.c. dysfunction. from the workers at our military bases and construction basis who were furloughed or laid off, to the kids who lost their slots in head start programs to the seniors wondering if they were going to have meals on wheels, to the families who were praying for halted medical programs to get back to a cure. because of this deal, the budget can stop lurching from crisis to crisis. this deal allows congressional committees to proceed under regular order and gives government agencies and the companies that do business with them the certainty to hire workers and make investments. this isn't the plan i would have written on my own, i'm pretty sure congressman ryan wouldn't have written it on his own. i was disappointed that we weren't able to close even a single corporate tax loophol
this deal builds on the reduction we have done since 2011 and continues the precedent we set in the fiscal cliff deal that sequestration shouldn't be replaced with spending cuts alone. this bipartisan deal will help millions of americans who are wondering if they were going to keep paying the price for d.c. dysfunction. from the workers at our military bases and construction basis who were furloughed or laid off, to the kids who lost their slots in head start programs to the seniors wondering...
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the fiscal cliff turned into a can. too bad those metaphors aren't gone with the fiscal cliff. that's next. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> it is 40 minutes past the hour. welcome back to "early start." do you drive to work? consider this stunning cdc report as you hit morning rush hour. 1 in 24 drivers say they have nodded off or fallen asleep behind the wheel at least once in the last month. the cdc study says research models estimate 15 to 33% of fatal crashes may involve sleepy driving. that's as many as one out of three deadly crashes. also according to the cdc, deaths and injuries are more likely in crashes that involve drowsy driving to nondrowsy driving crashes. get your sleep, folks. >> absolutely. >>> let's face it. the fiscal cliff, zor
the fiscal cliff turned into a can. too bad those metaphors aren't gone with the fiscal cliff. that's next. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> it is 40...
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because of the deal that they struck at the end of 2012 to deal with the last crisis, the fiscal cliff, because they agreed to many more tax increases than they wanted to. and just to sort of answer that question in the political vein, which, let's face it, that's what it's all about. i was looking down at my blackberry to find an e-mail i saw this morning that came from one of the most conservative and powerful groups, americans for prosperity, sending an e-mail to the house speaker thanking him for standing his ground on spending cuts. that is a very different kind of message that the speaker has been getting from his fiscally conservative right flank because they have really been criticizing him. this is a very different thing. it might explain xooktly why we are where we are. >> that's something to celebrate. that isn't the kind of message the american people want to hear. people have expressed this frustration over the this congress, republicans in particular for what many are describing as being obstructionist. this falls into that same category in the view of so many who have be
because of the deal that they struck at the end of 2012 to deal with the last crisis, the fiscal cliff, because they agreed to many more tax increases than they wanted to. and just to sort of answer that question in the political vein, which, let's face it, that's what it's all about. i was looking down at my blackberry to find an e-mail i saw this morning that came from one of the most conservative and powerful groups, americans for prosperity, sending an e-mail to the house speaker thanking...
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he did his fiscal cliff deal. republicans didn't like it. they know they had to kind of do it, because it raised taxes. they didn't like it. if he were to come out now and look like he's compromising and say, by the way, i'll put everything on the table, including taxes, he could lose his speakership. i mean -- and he wouldn't, by the way, get a pass. >> that's the problem, exactly. never mind the speakership. he couldn't get the votes for it. >> gloria, dana, thank you very much. >> sure. >>> coming up, hard to believe that it's been ten years since the war in iraq started. an insider from the bush white house spilling the beans of what happened in the leadup to the war. the former speech writer david frum, a cnn contributor, is standing by to join us live. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minut
he did his fiscal cliff deal. republicans didn't like it. they know they had to kind of do it, because it raised taxes. they didn't like it. if he were to come out now and look like he's compromising and say, by the way, i'll put everything on the table, including taxes, he could lose his speakership. i mean -- and he wouldn't, by the way, get a pass. >> that's the problem, exactly. never mind the speakership. he couldn't get the votes for it. >> gloria, dana, thank you very much....
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apparently they have reached a deal on the fiscal cliff. we anticipate vice president bide will be making comments. he just got done briefing senate democrats about the plan they've been negotiating. as soon as he comes out to speak, we're going to bring it -- >> first of all it's called the fiston cliff. and there's some sort of a car filled with -- look, i blame the tea party. i blame rand paul who by the way, you have him on your show way too much. >> we have -- >> he's a nut bag. go ahead send me your hate tweets, tea party. i know you want to hang me up like a columbian neck tie. i've heard them all. the tea party, they can be hurtful. >> rand paul he's -- >> really? >> yes. >> let's talk about the people turned down doing this show. >> we have to take a quick break and we'll have vice president biden's comments. >> rihanna coming up live in a moment. >> a look at pictures from around the country and around the world. we'll be right back. ♪ ♪ yeah. okay either of you put together the earnings report yet? yes, me totally. what? why
apparently they have reached a deal on the fiscal cliff. we anticipate vice president bide will be making comments. he just got done briefing senate democrats about the plan they've been negotiating. as soon as he comes out to speak, we're going to bring it -- >> first of all it's called the fiston cliff. and there's some sort of a car filled with -- look, i blame the tea party. i blame rand paul who by the way, you have him on your show way too much. >> we have -- >> he's a...
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host: you see the debate that will happen in march on the fiscal cliff and sequestration as a new opportunity, to do some of the heavy lifting you wish had gotten done? >> yes. it's not going to be as effective, as i say, because we've had a congress that has gone through, that has stubbed its toe, bloodied its nose, maybe a few people learned something. we also had a large number of people who were leving that might be able to not be looking over their shoulder about being lugarred in a primary. in fact 20% of the republicans who voted yes on the proposal last night are leaving congress. host: if you'd like to join the conversation and talk with congressman blumenauer, democrat of oregon, here are our numbers. let's look at the details of the fiscal cliff legislation that passed the house yesterday. it extends the bush era tax cuts up to $400,000 for individuals and $450,000 for couples. taxes go up for those who make bo those thresholds. the social security tax, the payroll tax holiday ends, so that goes up by two percentage points. unemployment benefits were extended. the alternative minim
host: you see the debate that will happen in march on the fiscal cliff and sequestration as a new opportunity, to do some of the heavy lifting you wish had gotten done? >> yes. it's not going to be as effective, as i say, because we've had a congress that has gone through, that has stubbed its toe, bloodied its nose, maybe a few people learned something. we also had a large number of people who were leving that might be able to not be looking over their shoulder about being lugarred in a...
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host: you mentioned the words fiscal cliff. we saw the debate over budget issues unfold around the new year. it's not over yet. is that conversation done? at what point can the white house and congress move on to something else? guest: well, i'm guessing -- and this is just me observing -- the conversation probably isn't going to be done until the next election or until something else changes. this is something that clearly, particularly republicans in the house really want to push. they're going to use every opportunity that they can. we managed to get some of the tax issues taken off the table at the end of last year. that was difficult for a lot of us to watch. but there's still some questions about spending. that's going to come up in the next couple of months. there's appropriations to be done. i imagine that conversation will keep on going. and i was very worried after i first came back to work after the break, because i said, well, what is this going to do for the immigration agenda? having covered this in the past, i kn
host: you mentioned the words fiscal cliff. we saw the debate over budget issues unfold around the new year. it's not over yet. is that conversation done? at what point can the white house and congress move on to something else? guest: well, i'm guessing -- and this is just me observing -- the conversation probably isn't going to be done until the next election or until something else changes. this is something that clearly, particularly republicans in the house really want to push. they're...
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there are lots of problems in this country, from the fiscal cliff to the next thing. this is a moral issue that defines our nation. it will define your presidency. you will be to blame if this is not done. get it done." >> indefinite detention is an abomination, legally, morally, ethically -- the reality that all the men who are held at guantanamo and will be for the foreseeable future, unless we can act on that. we can begin by highlighting and acting on the most formal injustice, of clearing people for release and not releasing them. if you did not know that before, some of these men were put in their eight years ago and are still held. >> i would say that america is a light unto the world, and is a question whether we are a warning or a guiding light, and i think we should be a guiding light. >> thanks to you for coming. [applause] [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] >> the house is expected back in at 5:00 eastern. they gobbled in briefly earlier and today they will be taking up the bill
there are lots of problems in this country, from the fiscal cliff to the next thing. this is a moral issue that defines our nation. it will define your presidency. you will be to blame if this is not done. get it done." >> indefinite detention is an abomination, legally, morally, ethically -- the reality that all the men who are held at guantanamo and will be for the foreseeable future, unless we can act on that. we can begin by highlighting and acting on the most formal injustice,...
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they'll figure out the solution, just like they figured out the solution on the fiscal cliff. >> so you're not telling them that they shouldn't -- >> i have not told them the specifics about how to solve it. come together, talk to one another. figure it out. that's the way we've always done things around here. have a great weekend, everybody. >> i want to thank secretary lahood with whom it is always a pleasure to share this podium. [laughter] no, i mean that seriously. and he'll be missed by me and everyone else here at the white house. if i could just -- in answer to the question in the back, we'll just go straight to the issue here. the way to avert sequester is to pass a bill that can be agreed to by democrats and republicans that either buys down the sequester or, when there was time to do this, that achieves the $4-trillion goal by reducing the deficit further along the lines of the big deal that president obama and speaker boehner were talking about during the fiscal cliff negotiations. there's the offer the president made is still on the table -- spending cuts, entitlement savings,
they'll figure out the solution, just like they figured out the solution on the fiscal cliff. >> so you're not telling them that they shouldn't -- >> i have not told them the specifics about how to solve it. come together, talk to one another. figure it out. that's the way we've always done things around here. have a great weekend, everybody. >> i want to thank secretary lahood with whom it is always a pleasure to share this podium. [laughter] no, i mean that seriously. and...
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cliff stalks. everyone of them went nowhere. had we done it at that time, it would have made sense. have we done what the senator wanted to do with his people -- there are things in there i would not have agreed upon but that might not us at a better position today. all i would say is -- this will be my final question. what happens if and when this commission if it were -- a working group, excuse me, if is working group fails and the next cr and debt ceiling increase needs to be passed? what happens then? >> i thank the gentleman for his question. the answer is that i believe what we are trying to do is come up with an idea to empower members as opposed to leadership that we have been doing. i think our leaders have been unable to do that. job of and fore his thoughtful questions and his answers. i would say, this is another opportunity and we are going to that --ing >> i thank the gentleman. i borrow my time back just to say. i don't need other members to tell me how to do my job. i don't need the
cliff stalks. everyone of them went nowhere. had we done it at that time, it would have made sense. have we done what the senator wanted to do with his people -- there are things in there i would not have agreed upon but that might not us at a better position today. all i would say is -- this will be my final question. what happens if and when this commission if it were -- a working group, excuse me, if is working group fails and the next cr and debt ceiling increase needs to be passed? what...
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it's why on fiscal cliff we got such a lousy deal. because if nothing happened, the result was a massive tax increase on er american who pays taxes, and i think president obama was perfectly fine, he was serene to go off that cliff. why? because his substantive agenda, which he doesn't hide from, is to dramatically expand the size and power of government, and to do that, he needs to raise taxes. two major points are coming up. the continuing resolution and the debt ceiling. both of those are coming up in the next couple of months. those are leverage points that are the mirror image of the fiscal cliff. those are leverage points that if nothing passes the result is not a default on the debt. that's scare hmongering from the president. the -- scaremongering from the president. those are temporary partial shutdowns. we've seen that before in 1995 when republicans stood together, and the result was some political pain, to be sure, but it was also year after year of balanced budgets and some of 9 most fiscally responsible policies from con
it's why on fiscal cliff we got such a lousy deal. because if nothing happened, the result was a massive tax increase on er american who pays taxes, and i think president obama was perfectly fine, he was serene to go off that cliff. why? because his substantive agenda, which he doesn't hide from, is to dramatically expand the size and power of government, and to do that, he needs to raise taxes. two major points are coming up. the continuing resolution and the debt ceiling. both of those are...
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cliff negotiations, in discussions with speaker boehner and others, are still very much on the table. i just want to repeat it -- the deals i put forward, the balanced approach of spending cuts and entitlement reform and tax reform and i put forward, are still on the table. i have offered sensible reforms to medicare and other entitlements. when health care proposals to achieve the same amount of savings by the beginning of the next decade as the reforms that have been proposed by the bipartisan bowles-simpson fiscal commission. host: who has the leverage, as we get closer to this march deadline for the sequestered? -- for the sequester? guest: it will be tough to come to a deal. you have democrats saying you need to raise revenue through closing tax loopholes. the house minority leader, nancy pelosi, wants to and give away to oil companies. you have house republicans saying had we did revenues in the last deal and need to focus on cut in spending. republicans think they have the upper hand, because the president already had increases in revenue. the president is feeling emboldened a
cliff negotiations, in discussions with speaker boehner and others, are still very much on the table. i just want to repeat it -- the deals i put forward, the balanced approach of spending cuts and entitlement reform and tax reform and i put forward, are still on the table. i have offered sensible reforms to medicare and other entitlements. when health care proposals to achieve the same amount of savings by the beginning of the next decade as the reforms that have been proposed by the...
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please join me in supporting the fiscal cliff bill today. yield back my time. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from virginia seek recognition? >> i ask unanimous consent toe address the house for one minute -- to address the house for one minute. the speaker pro tempore: without objection, the gentleman from virginia is recognized for one minute. mr. connolly: thank you, mr. speaker. we are about to have a hold your nose vote here in the house of representatives. and many of us are going to wrestle with the problem of making perfect be the enemy of the good. we do have an opportunity to stabilize taxation for 899 -- 99% of all americans. to extend appreciation and investment expansion for small businesses. to make sure that families in america through the child tax credit, the earned income tax credit, and student loans are stabilized for their planning in the calendar year 2013. the r&d tax credit is extended. there is a lot in this package that's good. there is a lot in this package, i should say, there's
please join me in supporting the fiscal cliff bill today. yield back my time. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from virginia seek recognition? >> i ask unanimous consent toe address the house for one minute -- to address the house for one minute. the speaker pro tempore: without objection, the gentleman from virginia is recognized for one minute. mr. connolly: thank you, mr. speaker. we are about to have a hold your nose vote here in...
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Jan 3, 2013
01/13
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we got continued assurances as late as last night at 9:00 that as soon as the vote on the fiscal cliff was over that the rule would be discussed on the aid package. it's hard for me to tell. this was the speaker's -- his alone. and i can tell you our representatives down in congress on both sides of the aisle both in new york and new jersey were working with unrivaled bipartisan together. as to who i have spoken to, the president called me earlier today to assure me of his continued support and will be a priority for the administration. i spoke to majority leader cantor earlier today. i have to tell you that eric was working as hard as he could to get this done for us through the weekend and early part of this week and i had a conversation with the speaker this morning where he informed me he will be meeting this afternoon with members of the new jersey and new york delegation from the republican party. so to what's gone on, you have seen a lot of palace intrigue and folks are putting politics ahead of their responsibilities. i understand it's challenging as a politician to stop playin
we got continued assurances as late as last night at 9:00 that as soon as the vote on the fiscal cliff was over that the rule would be discussed on the aid package. it's hard for me to tell. this was the speaker's -- his alone. and i can tell you our representatives down in congress on both sides of the aisle both in new york and new jersey were working with unrivaled bipartisan together. as to who i have spoken to, the president called me earlier today to assure me of his continued support and...
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Jan 1, 2013
01/13
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caller: yes, i am glad to something being done about the fiscal cliff. the american people need to understand that the republicans put us in this situation, because when bill clinton left office, he left with a surplus. the republicans spent all the money. we went into recession. then president obama came on scene, and he brought us out of the recession, and it takes money to get out of recession. now they are trying to blame him for all of the spending. mitch mcconnell, he is a disgrace to the senate floor. he said he one of the president to be a one-term president. the people voted obama back in. host: the minority leader, mitch mcconnell, has been negotiating with the vice president joe biden to come to some sort of agreement. what you make of that? caller: i'm talking about what mitch mcconnell said in the beginning. he did not want to work with this president. the want it to see him fail. they're hurting the american people by not helping obama. obama is good for the country, but people that listen to rush limbaugh, sarah palin, and fox news, that i
caller: yes, i am glad to something being done about the fiscal cliff. the american people need to understand that the republicans put us in this situation, because when bill clinton left office, he left with a surplus. the republicans spent all the money. we went into recession. then president obama came on scene, and he brought us out of the recession, and it takes money to get out of recession. now they are trying to blame him for all of the spending. mitch mcconnell, he is a disgrace to the...
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Jan 5, 2013
01/13
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one thing that we did do addressing the fiscal cliff and obviously much more needs to be done, we did make the lower tax rates permanent. that permanency is important to create certainty to get economic growth and get business investment. yes, we do need to address the deductions and closing loopholes. but we have to keep our rates down. it can't be just raising taxes. it's about making simpler fairer tax code that stimulates business growth. host: when you talk to your constituents what's the number one question you get about washington and the politics in this town? guest: why can't you guys get together and do what i said. have a big plan and put it in place that does all of these things. progrowth tax reform, entitlement reform and reducing spending, balancing the budget so that we get on a long term trajectory for growth and job creation and make sure we're strong. host: you can joining us on facebook or twitter. you can send us an e-mail or give us a phone call. senator hoeven, why is it so hard to get to that point? why can't democrats and republicans bridge the divide and reac
one thing that we did do addressing the fiscal cliff and obviously much more needs to be done, we did make the lower tax rates permanent. that permanency is important to create certainty to get economic growth and get business investment. yes, we do need to address the deductions and closing loopholes. but we have to keep our rates down. it can't be just raising taxes. it's about making simpler fairer tax code that stimulates business growth. host: when you talk to your constituents what's the...
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Oct 10, 2013
10/13
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we saw this during the fiscal cliff and we saw this in the 2011 debt ceiling problems. they can get unhappy and a lot of what is going on now is keeping the house democrats to happy and keeping them on the same page and we are not hearing what we often hear that we get complaining and second-guessing that can come from a caucus like this. they were the first to go to the white house yesterday to come out to the white house and the hill and they were, again, reassured they are on the same page with the president and he supports their goals and they support his. host: potential anger is bubbling below the surface. where might some of the trouble if there isest: some kind of deal struck between the senate leadership and the house leadership, they don't participate in that process. we sometimes see the anger coming from house democrats that they have to get 100 votes or 200 goes to the republicans without ever being included in the process. that's the potential for anger to start to bubble up. the other is programs that they really price. republicans want entitlement reform
we saw this during the fiscal cliff and we saw this in the 2011 debt ceiling problems. they can get unhappy and a lot of what is going on now is keeping the house democrats to happy and keeping them on the same page and we are not hearing what we often hear that we get complaining and second-guessing that can come from a caucus like this. they were the first to go to the white house yesterday to come out to the white house and the hill and they were, again, reassured they are on the same page...